Good day Biggerpockets, This is a exciting time for me. I'm 50 years old & in the beginning process of buying my first investment property, first of many to come. I just didn't have the opportunity nor the resourc...
Good afternoon all,I’ve been looking for deals in my local market, as I’m sure all of you are. I keep seeing houses with significant fire damage selling at very low prices. It seems like the bulk of “deals” right now ...
Hi my name is Danny. We bought a house for 550k in Canyon Country, Ca 91387 in Spring of 2019. My partner commutes an hour + everyday and works for a high paying job but the stress is killing him and making him misera...
I'm looking at a property for sale that has quite a bit of fire damage. Can anyone offer advice on what to consider before I make an offer. I want to avoid purchasing and then finding out it can't be rehabbed and woul...
Hello BP community
I have a rental in Detroit that was vacant and someone got in and burned it up to the point that the insurance company is paying out the full insured amount. All the fire damage is inside so it coul...
Words of wisdom in case this every happens to you:1. Before you file your insurance claim, contact a Public Insurance AdjusterNot only will you get a higher claim paid for damages, but they will help you determine da...
I'm a long-term buy and hold guy. I bought a triplex about three years ago which was one of the smartest moves I have ever made. It was almost a turn-key and has increased in value significantly (thank you path of pro...
Dear friends at Biggerpockets,
The water heater(located in the laundry room) in my rental recently broke down and needs to be replaced, and the plumbers noticed that the door in between the laundry room and the gara...
3 bedroom house with 5 kids. Went for an inspection, smoke alarms were off including the bedroom ones. Tenant says it because when she cooks all the smoke alarms 🚨 in the house 🏡 go off.Of course I want her to put the...
I've come across a deal because of a house being burned down. This would be my first rehab, with it being my first should i shy away from a total gut rehab or start with something more superficial?